The Trust. Debt Write off Policy. Neighbourhood Management Team. Draft: Final. Effective Date: July Affected Teams: All
|
|
- Scot Chandler
- 7 years ago
- Views:
Transcription
1 The Trust Debt Write off Policy Neighbourhood Management Team Draft: Final Effective Date: July 2014 Affected Teams: All PPHT Debt Write Off Policy Page 1 of 6
2 Table of Contents 1. INTRODUCTION POLICY STATEMENT IMPLEMENTATION REINSTATING A DEBT RESPONSIBILITY CONSULTATION MONITORING AND REVIEW EQUALITY, DIVERSITY AND ACCESS IMPLICATIONS DEBT WRITE OFF OPERATIONAL RISKS ASSOCIATED DOCUMENTS POLICY INFORMATION... 6 PPHT Debt Write Off Policy Page 2 of 6
3 1. INTRODUCTION 1.1 Peaks & Plains Housing Trust (the Trust) aims to collect the maximum amount of rental income, rechargeable repairs, other charges and debts promptly from tenants, former tenants and organisations, in order to protect the provision of services. 1.2 This policy relates to all debts due to the Trust where the recovery process of such debt has been exhausted. This policy document relates to other Trust policies, in particular the Rent Collection and Arrears Management Policy, Rechargeable Repairs Policy and the Repairs and Maintenance Policy. 1.3 A bad debt is an outstanding sum of money owed to the Trust that has not been paid, despite repeated efforts to collect the debt. 1.4 Current rent arrears are not viewed as bad debts, as continued efforts are ongoing to collect any outstanding rent arrears monies. However, at the Income Officer s discretion, they should recommend small current arrears to write off, where all efforts to collect the debt have been exhausted, or the value is so small that it is uneconomical to pursue further. 1.5 There are two separate categories of Bad Debts, those relating to rent arrears and those relating to non rent arrears. 1.6 Where a debt is included in a Debt Relief Order, Bankruptcy Order or any other such insolvency order the Trust will treat the debt in accordance with the guidance set out by the Insolvency Service. 2. POLICY STATEMENT 2.1 Writing off a bad debt will only be considered when the recovery process has been exhausted. 2.2 The Trust will comply with the requirements of regulatory organisations. 2.3 Debts will be passed for write off at the end of each financial quarter. 3. IMPLEMENTATION 3.1 When it is established that a debt is irrecoverable or uneconomical to pursue, the debt will be recommended for write off. 3.3 Debtors will be categorised as follows: - Deceased Tenants Cases will be considered for write off where: - There is no response to letters to the next of kin The next of kin/solicitor/administrator responds in writing that there were insufficient funds left in the deceased estate to clear the debt. Where no next of kin/solicitor/administrator is known. PPHT Debt Write Off Policy March 2011 Page 3 of 6
4 Where the tenant has died and there is no estate. No trace Where there has been no trace of the debtor using both internal procedures and external agencies. Value Where the value of the debt equates to less than Where the debt is considered uneconomical to pursue. Exhausted Where all recovery procedures have been exhausted. The debt is 6 years old or over 3.4 All debts being considered for write off will be written off in accordance with the Scheme of Delegation as detailed below on a quarterly basis. Scheme of Delegation Debt Amount Debt type Assistant Director of Housing ,000 Rent debts Assistant Director of Finance ,000 Non rental debts Director of Resources 1,000-5,000 Rent debts & non rental debts Chief Executive 1,000-5,000 Rent debts & non rental debts Board 5,000 + Rent debts & non rental debts 4. REINSTATING A DEBT 4.1 Debts previously written off will be reinstated where an address or contact has been established with the debtor. Once reinstated it will be collected in line with other rental income, rechargeable repairs, other charges and debts. If the debt becomes irrecoverable or uneconomical to pursue in the future in may be written off in line with Section 3 of this policy. 5. RESPONSIBILITY 5.1 The responsibility of the implementation of this policy will lie with the Director of Resources. 5.2 Responsibility for the implementation of the procedures and effective daily operation of this policy lie with the Assistant Director of Service for the area of debt. 6. CONSULTATION 6.1 The Trust will consult via the Trusts established Resident Involvement Framework. PPHT Debt Write Off Policy March 2011 Page 4 of 6
5 7. MONITORING AND REVIEW 7.1 The Trust will review its Debt Write off Policy every 2 years in consultation with its tenants. 7.2 Regular reports will be submitted to the Board that will gauge performance against those standards expected by the relevant regulatory organisations and against the Trust s own targets and performance measures. 8. EQUALITY, DIVERSITY AND ACCESS IMPLICATIONS 8.1 The Trust has completed an Equality Impact Assessment on this process. It represents low risk and no potential negative impacts have been identified. 9. DEBT WRITE OFF OPERATIONAL RISKS 9.1 The Trust understands the risks surrounding ineffective management of debt write offs. The approach to managing debt write offs outlined in this document aims to manage and minimise these risks. The risks detailed below will be managed on an operational basis by the Income, Repairs and Finance Teams depending on the source of the debt. The identified risks are: Negative effect on the reputation the Trust with our funders Failure to comply with legal and regulatory requirements and performance standards Failure to act fairly and in accordance with the Trust s Diversity Strategy Poor performance in writing off irrecoverable debts, leading to an increase in number. The potential for mismanagement and fraud of the Trust s assets Not fully utilising the Trust s resources in relation to rent collection Poor performance management Impact on staff morale through poor performance 10. ASSOCIATED DOCUMENTS Customer Care Policy Tenancy Management Policy and Staff Procedure Guide Handbook Rent Collection and Arrears Management Policy Former Tenant Arrears Policy Rechargeable Repairs Policy Tenants Handbook The Trusts Service Standards Corporate Debt Policy PPHT Debt Write Off Policy March 2011 Page 5 of 6
6 11. POLICY INFORMATION Policy Name: Status: Approved by: Area Owned By: Debt Write off Policy Debt Write off Policy Audit & Risk Committee Assistant Director of Housing Date approved: 3 July 2014 Next Review Date: July 2016 PPHT Debt Write Off Policy March 2011 Page 6 of 6
The Trust. Tenancy Management Policy Statement. Version number: 1. Effective Date: April 2016. Page 1 of 5
The Trust Tenancy Management Policy Statement Version number: 1 Effective Date: April 2016 Page 1 of 5 TABLE OF CONTENTS INTRODUCTION... 3 POLICY STATEMENT DEFINITION... 3 EQUALITY AND DIVERSITY IMPLICATIONS...
More informationThe Association will take all possible steps to recover former tenant arrears
B7.1 FORMER TENANTS ARREARS POLICY B7.1.1 B7.1.2 B7.1.3 B7.1.4 B7.1.5 The Association will take all possible steps to recover former tenant arrears Where appropriate, the Association will pursue the debt
More information2.5 All actions to monitor and recover the former tenant arrears should be recorded on Universal Housing by the RO.
ISHA FORMER TENANT ARREARS POLICY & PROCEDURE Table of Contents 1. Policy 2. Procedure 3. Performance Management 4. Diversity 5. Appeals & Complaints Appendices: Appendix 1 FTA Letter 1 Appendix 2 FTA
More informationReference: HSGPOL08 Recovery Document owner: David Stubbs Approved by: EMT Date approved: March 2014 Next review: March 17
Title: Former Tenant Arrears Reference: HSGPOL08 Recovery Document owner: David Stubbs Approved by: EMT Date approved: March 2014 Next review: March 17 FORMER TENANT ARREARS RECOVERY POLICY 1.0 Policy
More informationcustomer debt recovery
policy customer debt recovery Responsible Officer: Assistant Chief Executive Neighbourhoods Approved: March 2017 Review Date: August 2015 Version: 2 Date Ratified: March 2011 Scope: Incommunities Incommunities
More informationNorth East Lincolnshire Council. Debt Management Strategy
North East Lincolnshire Council Debt Management Strategy Section Title Page No 1. Introduction 2. General Principles 3. Principles common to all debts 4. Principles of Enforcement 5. Strategy specific
More informationRIBBLE VALLEY BOROUGH COUNCIL REPORT TO POLICY AND FINANCE COMMITTEE
RIBBLE VALLEY BOROUGH COUNCIL REPORT TO POLICY AND FINANCE COMMITTEE DECISION meeting date: 22 SEPTEMBER 2009 title: CORPORATE WRITE OFF POLICY submitted by: DIRECTOR OF RESOURCES principal author: LAWSON
More informationCorporate Write Off Policy
Resources Finance Corporate Write Off Policy 15th October 2001 Purpose A corporate approach to the write off of debts that aims to maximise the opportunity for collection thereby minimising the need for
More informationRevenue and Benefit Service
Revenue and Benefit Service Draft Write Off Policy ~ 1 ~ WRITE OFF POLICY Introduction This document sets out the procedure to be followed when writing off irrecoverable amounts (including credit balances)
More informationINCOME MANAGEMENT POLICY
INCOME MANAGEMENT POLICY 1. Principles 2. Aims 3. Methods * Arrears Prevention * Debt Recovery * Rent Accounting 4. Statutory and Regulatory Requirements 5. Performance Monitoring 6. Review 7. Date of
More informationVela Debt Recovery Policy
Vela Debt Recovery Policy Overview The scope of this policy is to establish a framework for the recovery of a range of debts which includes:- current and former tenant arrears current and former recharge
More informationDate: 8 March 2012. Assistant Director, Revenues & Benefits
Item No. Classification: Open Date: 8 March 2012 Decision Taker: Cabinet Member for Finance, Resources and Community safety Report title: Ward(s) or groups affected: From: Authorisation of Council Tax
More informationAPPENDIX 2 POLICY DOCUMENT Former Tenant Arrears.
APPENDIX 2 POLICY DOCUMENT Former Tenant Arrears. Page 1 POLICY DOCUMENT Former Tenant Arrears. 1. INTRODUCTION When a resident vacates a property leaving a debt on their rent account, the debt they owe
More informationPOLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT
POLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT 2014/2015 1 TABLE OF CONTENTS 1. INTRODUCTION 2 2. PURPOSE OF THE POLICY 2 3. RESPONSIBILTY AND ACCOUNTABILTY 2 4. POLICY PRINCIPLES 3 5. CATEGORIES OF DEBTORS
More informationLEKWA LOCAL MUNICIPALITY BUDGET RELATED POLICY
LEKWA LOCAL MUNICIPALITY BUDGET RELATED POLICY WRITING OFF OF BAD DEBTS AND THE IMPAIRMENT OF DEBTORS POLICY 1. INTRODUCTION The Council of Lekwa Local Municipality resolves in terms of section 97 (1)(d)(ii)
More informationNQUTHU LOCAL MUNICIPALITY ( The Municipality )
NQUTHU LOCAL MUNICIPALITY ( The Municipality ) BAD DEBT (IMPAIRMENT) POLICY 2013-2014 1. Definitions 2. General principles INDEX Page No. 7. Policy Adoption Page 2 of 7 1. DEFINITIONS For the purpose of
More informationCEDERBERG MUNICIPALITY POLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT FEBRUARY 2016
1 CEDERBERG MUNICIPALITY POLICY ON THE WRITING-OFF OF IRRECOVERABLE DEBT FEBRUARY 2016 1 2 CONTENTS: 1. PURPOSE OF THE POLICY 3 2. RESPONSIBILTY AND ACCOUNTABILTY 3 3. POLICY PRINCIPLES 4 4. CATEGORIES
More informationRiver Clyde Homes. Sundry Debt and Former Tenant Arrears Recovery Policy. Approved: Oct 2012... Review date: Oct 2015..
River Clyde Homes Sundry Debt and Former Tenant Arrears Recovery Policy Approved: Oct 2012... Review date: Oct 2015.. This policy can be made available on request in a variety of different formats, such
More informationDebt Management & Bad Debt Write- Off Policy
Policy Debt Management & Bad Debt Write- Off Policy Contents Background 2 Purpose Statement 2 Applicability and Scope 2 Responsibilities 2 Definitions 3 Key Policy Actions 3 Principles for the Management
More informationCABINET. 19 March 2013. Title: Debt Management Performance and Write-Offs 2012/13 (Quarter 3)
CABINET 19 March 2013 Title: Debt Management Performance and Write-Offs 2012/13 (Quarter 3) Report of the Cabinet Member for Finance Open Report Wards Affected: None Report Author: Jonathan Bunt, Divisional
More informationMOPANI DISTRICT MUNICIPALITY
MOPANI DISTRICT MUNICIPALITY POLICY ON THE WRITING OFF OF IRRECOVERABLE DEBT TABLE OF CONTENTS 1. INTRODUCTION 2. PURPOSE OF THE POLICY 3. RESPONSIBILITY/ACCOUNTABILITY 4. POLICY PRINCIPLES 5. CATEGORIES
More informationCHERWELL DISTRICT COUNCIL CORPORATE DEBT POLICY
CHERWELL DISTRICT COUNCIL CORPORATE DEBT POLICY Summary of policy : This policy details the principles to be adopted by the Council when undertaking the collection of debt from both citizens and businesses.
More informationIMPAIRMENT OF DEBTORS & WRITE-OFF POLICY
IMPAIRMENT OF DEBTORS & WRITE-OFF POLICY REVISED 1 JULY 2013 STEVE TSHWETE LOCAL MUNICIPALITY MP313 1. INTRODUCTION The Municipal Finance Management Act, Act 56 of 2003 states that the municipality must
More informationDEBT WRITE-OFF PROCEDURES CODE OF PRACTICE LUTON BOROUGH COUNCIL CORPORATE FINANCE
APPENDIX A DEBT WRITE-OFF PROCEDURES CODE OF PRACTICE LUTON BOROUGH COUNCIL CORPORATE FINANCE revised March 2010 3.3/4 This document can be made available in alternative formats or languages. Anyone wishing
More informationManagement and Collection of Debt Policy. Effective date October 2014 Review date October 2017 Approved by Link Group Board. www.linkhousing.org.
Management and Collection of Debt Policy Effective date October 2014 Review date October 2017 Approved by Link Group Board 1. INTRODUCTION Link Group and its subsidiary companies provide a range of services
More informationCORPORATE DEBT POLICY All Wards Portfolio Holder for Support Services: Councillor N A Knapton
HAMBLETON DISTRICT COUNCIL Report To: Subject: Cabinet 12 January 2016 CORPORATE DEBT POLICY All Wards Portfolio Holder for Support Services: Councillor N A Knapton 1.0 PURPOSE AND BACKGROUND: 1.1 The
More informationP o l i c y 2008-2011. Housing Income Management. Page 7. Contact with our Customers. page 9. Housing Benefit. Page 12. Debt Collection Agencies
Corporate Debt P o l i c y 2008-2011 Housing Income Management Page 7 Contact with our Customers page 9 Housing Benefit Page 12 Debt Collection Agencies Page 14 Bankruptcy page17 Contents 2 Background
More informationEAST RENFREWSHIRE COUNCIL CABINET. 16 June 2016. Report by Deputy Chief Executive COLLECTION OF COUNCIL REVENUES DEBT RECOVERY POLICY
81 AGENDA ITEM No.8 EAST RENFREWSHIRE COUNCIL CABINET 16 June 2016 Report by Deputy Chief Executive COLLECTION OF COUNCIL REVENUES DEBT RECOVERY POLICY PURPOSE OF REPORT 1. To seek Cabinet approval of
More informationCorporate Debt Policy
Corporate Debt Policy - 1 - Table of contents Section 1. Introduction 2. Key principles 3. Scope of the policy 4. Policy aims 5. Priority debtors 6. Contact with customers 7. Recovery action 8. Disputes
More informationFERGUSLIE PARK HOUSING ASSOCIATION. Current Tenant Arrears Recovery Policy (ref: HS P7)
FERGUSLIE PARK HOUSING ASSOCIATION Current Tenant Arrears Recovery Policy (ref: HS P7) Committee Approval Date: Effective Date (post consultation) : Review Date : 1 1. Introduction Contents 2. Legislative
More informationDebt Management Policy
Debt Management Policy Table of Contents page 1. Purpose 3 2. Objective 3 3. Debts to which this policy applies 3 4. Roles and Responsibilities 4 5. General Principles 4 6. Delivering the Policy 5 7. Raising
More informationLEEDS CITY COUNCIL CORPORATE DEBT POLICY
LEEDS CITY COUNCIL CORPORATE DEBT POLICY ( Draft Version 5 ) Summary of policy : This policy details the principles to be adopted by the Council when undertaking the collection of debt in the City of Leeds
More informationRENT COLLECTION, ARREARS & DEBT RECOVERY POLICY
RENT COLLECTION, ARREARS & DEBT RECOVERY POLICY Approved by Board 21 July 2009 1. Introduction 1.1 This Policy sets out the principles and approach to be taken in making sure that rent and service charge
More informationSundry Debt Management and Recovery Policy
1. Introduction Sundry Debt Management and Recovery Policy 1.1 Forest Heath and St Edmundsbury Councils (referred to in this document as West Suffolk or the councils ) provide a wide range of services
More informationRochdale MBC Corporate Debt Management Policy. Contents Page. Page
Rochdale MBC Corporate Debt Management Policy Contents Page Page 1. Background and Objectives 1.1 What is a Corporate Debt Management Policy 1 1.2 Introduction 1 1.3 Objectives of the Policy 1 1.4 What
More informationFIFE COUNCIL INTEGRATED INCOME COLLECTION AND DEBT RECOVERY POLICY
Appendix A FIFE COUNCIL INTEGRATED INCOME COLLECTION AND DEBT RECOVERY POLICY INTRODUCTION 1.1 This document details the Council s policies on the billing, collection and recovery of monies due to the
More informationRent Payments and Arrears Recovery Policy
Issue No: 2 Issue Date: 10 March 2008 Originator Title: Kevin Powe 1.0 Introduction Rent Payments and Arrears Recovery Policy 1.1 The effective operation of this policy is fundamental to our ability to
More informationCORPORATE DEBT RECOVERY CODE POLICY STATEMENT
CORPORATE DEBT RECOVERY CODE POLICY STATEMENT January 2016 1 P age Contents Page Page 1. DEBT RECOVERY 1.1. Introduction 3 1.2. Aims of the Policy 3 1.3. Scope of the Policy 4 1.4. Statutory Basis for
More informationThe Anglia Revenues and Benefits Partnership. Debt Write-Off Policy
The Anglia Revenues and Benefits Partnership Debt Write-Off Policy Benefits Service Author: Sharon Jones 1 December 2011 DEBT WRITE-OFF POLICY DOCUMENT SPONSOR (Client Officers): Forest Heath - Andrew
More informationLondon Borough of Sutton. Corporate Debt Recovery Policy
London Borough of Sutton Corporate Debt Recovery Policy Corporate Debt Recovery Policy Reviewed August 2011 Contents Objective... 3 Framework... 3 Purpose... 3 Roles and Responsibilities... 3 Raising Invoices...
More informationSouth Lanarkshire Council Debt Recovery Policy
South Lanarkshire Council Debt Recovery Policy If you need this information in another language or format, please contact us to see how we can best meet your needs. Phone 0303 123 1015 or email equalities@southlanarkshire.gov.uk
More informationPAASC. 13 March 2013
PAASC 13 March 2013 Title: Debt Management Six Monthly update: Debt Management Performance and Write-Offs 2012/13 (Quarter 2) Report of the Cabinet Member for Finance Open Report Wards Affected: None Report
More informationPolicy and Procedures for the Recovery of Council tax and Business Rates
Scope and Purpose of this Policy Policy and Procedures for the Recovery of Council tax and Business Rates 1 The purpose is to establish a policy to ensure consistency, equality and probity in the collection
More informationPOLICY ON PROVISION FOR DOUBTFUL DEBT AND WRITE-OFF OF IRRECOVERABLE DEBT
POLICY ON PROVISION FOR DOUBTFUL DEBT AND WRITE-OFF OF IRRECOVERABLE DEBT 1 TABLE OF CONTENTS 1 DEFINITIONS 2 PURPOSE OF POLICY 3 IMPAIRMENT OF DEBTOS 4 RESPONSIBILITY/ACCOUNTABILITY 5 WRITE-OFF OF DOUBTFUL
More informationSection 1. INTRODUCTION Page 1. Section 2. ISSUING ACCOUNTS Page 2. Section 3. INTERNAL DEBT Page 5. Section 4. FOLLOW UP PROCEDURE Page 7
THE MORAY COUNCIL SUNDRY DEBT MANAGEMENT POLICY CONTENTS Section 1. INTRODUCTION Page 1 Section 2. ISSUING ACCOUNTS Page 2 Section 3. INTERNAL DEBT Page 5 Section 4. FOLLOW UP PROCEDURE Page 7 Section
More informationDebt Management Strategy Cabinet Member for Resources and Performance
AGENDA ITEM: 10 Pages nos. 197-213 Meeting Cabinet Resources Committee Date 16 January 2012 Subject Report of Summary Officer Contributors Status (public or exempt) Wards affected Enclosures For decision
More informationAnnex A CITY OF YORK COUNCIL CORPORATE DEBT POLICY
Annex A CITY OF YORK COUNCIL CORPORATE DEBT POLICY Contents Paragraph Introduction 1-3 Policy Objectives 4-5 Policy Purpose 6-9 Governance 10 Delivering the Service to the Customer 11 13 Communicating
More informationMOOKGOPHONG LOCAL MUNICIPALITY BAD DEBTS AND WRITE-OFF POLICY
MOOKGOPHONG LOCAL MUNICIPALITY BAD DEBTS AND WRITE-OFF POLICY FOR THE YEAR 2013 / 2014 1 1. DEFINITIONS For the purposes of this policy the following definitions are applicable: Debt - means an amount
More informationBenefits, which affected over 1,000 tenants. Miscellaneous Number of debts paid in 60 days Overpaid Benefits Car Parking Penalty Charge Notices
Appendix 1 Summary of Swindon s Debt Collection Rates 2012/13 2013/14 Comments and Comparisons Council Tax 97.9% 97.40% The collection rate reduced following the introduction of the Local Council Tax Support
More informationHousing Benefit Overpayments Policy. December 2013
Housing Benefit Overpayments Policy December 2013 1. Aims of the Policy 1.1. The aims of this policy are: 1.1.1. to ensure we minimise overpayments and reduce them as much as is possible when raised 1.1.2.
More informationFair Debt. Policy. Why Have A Fair Debt Policy?
Fair Debt Policy A policy to assist customers who owe money to the council. Why Have A Fair Debt Policy? Wyre Borough Council is required to collect monies from both its residents (Council Tax) and businesses
More informationSWELLENDAM MUNICIPALITY BAD DEBT WRITE OFF POLICY, 2016 IMPLEMENTATION DATE 1 JULY 2016
SWELLENDAM MUNICIPALITY BAD DEBT WRITE OFF POLICY, 2016 IMPLEMENTATION DATE 1 JULY 2016 APPROVED BY COUNCIL ON 26 MAY 2016 1 TABLE OF CONTENTS 1. DEFINITIONS 3 2. PURPOSE OF POLICY 3 3. STEPS TO BE TAKEN
More informationFinance, Resources, Audit and Governance Committee 27 September 2012
Agenda Item No 05 Report on the Sundry Debtors function, the current Corporate Debt position and the Corporate Debt Policy. Head of Finance The first section of this report provides an update to members
More informationRent Arrears Recovery Policy
Rent Arrears Recovery Policy 2013-16 July 2013 Version 1.0 Version Control Policy Author Version Number Date Status Comments Finance and Incomes Manager Draft 1.0 24 July 2013 New Approval Body Effective
More informationBangor University Invoicing and Credit Control Procedures
Bangor University Invoicing and Credit Control Procedures 1 Purpose 1.1 To ensure that invoices are appropriately issued and settled on a timely basis, thereby maximising the cashflow to the University.
More informationEXECUTIVE 25 AUGUST 2009 REPORT OF THE CORPORATE DIRECTOR OF CUSTOMER SERVICES
EXECUTIVE 25 AUGUST 2009 REPORT OF THE CORPORATE DIRECTOR OF CUSTOMER SERVICES Title: Debt Write Offs April 2009 to June 2009 (1st Quarter) For Information Summary: Barking and Dagenham Direct is made
More informationHarrow Debt Management Policy Collecting money responsibly, sensitively and effectively
Harrow Debt Management Policy Collecting money responsibly, sensitively and effectively Harrow Corporate Finance Income Streams most likely to require recovery action Sundry Debts Benefits Overpayments
More informationTSANTSABANE MUNICIPALITY BAD DEBT WRITE-OFF POLICY. DATED 30 JUNE 2014 (Reviewed 28 May 2015) Tsantsabane Municipality Council Meeting 30 June 2014 1
TSANTSABANE MUNICIPALITY BAD DEBT WRITE-OFF POLICY DATED 30 JUNE 2014 (Reviewed 28 May 2015) Tsantsabane Municipality Council Meeting 30 June 2014 1 INDEX Page Contents 1. DEFINITIONS... 3 2. PURPOSE OF
More informationBUCKINGHAMSHIRE COUNTY COUNCIL DRAFT CORPORATE DEBT MANAGEMENT STRATEGY
Appendix 1 BUCKINGHAMSHIRE COUNTY COUNCIL DRAFT CORPORATE DEBT MANAGEMENT STRATEGY Version Draft Version 2.0 Sponsor Date Produced 30.12.2014 Next Review Date Approved by Regulatory & Audit Committee Approved
More informationProperty Management (Factoring) Policy. Approval date July 2014 Review date July 2017 Approved by Link Group Board. www.linkhousing.org.
Property Management (Factoring) Policy Approval date July 2014 Review date July 2017 Approved by Link Group Board 1. INTRODUCTION This policy has been devised to show how Link operates property management
More informationSUNDRY DEBT RECOVERY FINANCIAL PROCEDURE 15. OWNER: Head of Financial Control
SUNDRY DEBT RECOVERY FINANCIAL PROCEDURE 15 OWNER: Head of Financial Control Version 4.0 March 2012 CODE OF PRACTICE SUNDRY DEBT RECOVERY CONTENTS Part Page Extract from Financial Regulations 3 Code of
More informationKOPANONG LOCAL MUNICIPALITY
KOPANONG LOCAL MUNICIPALITY BUDGETACC2 DEBT WRITE-OFF POLICY P R I V A T E B A G X 2 3 T R O M P S B U R G 9913 0 5 1 7 1 3 9 2 0 0 0 5 1 7 1 3 9 0 2 9 2 F I R S T D R A F T 1 KOPANONG LOCAL MUNICIPALITY:
More informationINCOME RECOVERY POLICY
INCOME RECOVERY POLICY Policy Owner: Executive Director of Customer Services Accountable Lead Head of Customer Accounts Policy Control Policy Level Policy Reference Link to Strategy Version Control V.1
More informationwww.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy
Executive Director Business Services Rob Walsh B.A. (Hons) Solicitor www.nelincs.gov.uk North East Lincolnshire Council - Corporate Debt Recovery Strategy Background. As part of Transactional Services
More informationDebt Recovery Strategy for Housing Benefit Overpayments.
Debt Recovery Strategy for Housing Benefit Overpayments. 1. Introduction 1.1 The Service Statement of Intent for the Benefits Service states that we will provide a service that recovers overpayments, reduces
More informationINCOME COLLECTION AND DEBT MANAGEMENT POLICY
INCOME COLLECTION AND DEBT MANAGEMENT POLICY Version Number 2 Date Revision Complete Policy Owner Angela Currie, Housing and Care Director Author Jenny Gardner, Regional Manager East Reason for Revision
More informationWRITING OFF OF BAD DEBTS AND THE IMPAIRMENT OF DEBTORS POLICY
WRITING OFF OF BAD DEBTS AND THE IMPAIRMENT OF DEBTORS POLICY REVISED 1 JULY 2011 STEVE TSHWETE LOCAL MUNICIPALITY MP313 1. INTRODUCTION The Council of Steve Tshwete Local Municipality resolves in terms
More informationCORPORATE DEBT RECOVERY
KEY POLICY: FINANCE CORPORATE DEBT RECOVERY 1.0 Key Strategic Links This strategy links to all corporate objectives in that it seeks to be responsible with and accountable for public finances, which is
More informationNorwich City Council Debt Collection Policy. Version 1.2 25 June 2014
Norwich City Council Debt Collection Policy Version 1.2 25 June 2014 Norwich City Council debt collection policy Introduction Norwich City Council is required to collect monies from both individuals and
More informationINCOME MANAGEMENT POLICY
INCOME MANAGEMENT POLICY Version: 2.0 Ratified by: Trust Board Date ratified: November 2013 Title of originator/author: Title of responsible committee/group: Assistant Director of Finance, Technical. Trust
More informationCabinet. 16 February 2015
Cabinet 16 February 2015 Title: Debt Management Performance and Write-Offs 2014/15 (Quarter 3) Report of the Cabinet Member for Finance Open Report Wards Affected: None Report Author: Steve Cooper, Head
More informationA Guide to Business Rates. February 2011
A Guide to Business Rates February 2011 REVISION HISTORY Issue Description Date Author(s) 1.0 Initial Guidance Feb 2011 Rod Urquhart ARP Business Rates Guidance Page 2 of 11 What are Business Rates National
More informationMilnbank Housing Association
Milnbank Housing Association DEBT MANAGEMENT POLICY LS/NOV 2010/REF.P5 1) AIM OF POLICY The aim of the Policy is to enable Milnbank Housing Association to limit and manage all debts owing to the organisation
More informationCORPORATE DEBT MANAGEMENT STRATEGY
CORPORATE DEBT MANAGEMENT STRATEGY 1. Purpose of Strategy Stoke on Trent City Council is required to collect monies from both residents and businesses for the provision of a variety of goods and services.
More informationFyne Homes Ltd. Common Factoring Policy
Fyne Homes Ltd Common Factoring Policy First Approved : -- Policy Reviewed : November 2014 Next Review Date : Version No : 5 Page 1 of 11 Index 1. POLICY STATEMENT... 3 2. TERMS AND CONDITIONS... 3 3.
More informationDEBT RECOVERY POLICY
DEBT RECOVERY POLICY OBJECTIVE 1.1 The objective of the Debt Recovery Policy is: To ensure that money owed to the Comhairle is collected as soon as possible using efficient, effective and fair debt recovery
More informationPolicy document Date. YourPlace Property Management www.your-place.net. Debt Recovery Policy. Part of the GHA family. Page 0. Debt Recovery Policy
YourPlace Property Management www.your-place.net Policy document Date Debt Recovery Policy Page 0 Part of the GHA family Name of Policy Responsible Officer Executive Finance Manager Date approved by YourPlace
More informationMERAFONG CITY LOCAL MUNICIPALITY
MERAFONG CITY LOCAL MUNICIPALITY DEBT WRITE OFF POLICY 2013/2014 Approved debt write off policy 2013/2014 1 INTRODUCTION The purpose of this document is to outline sound principles and practices to be
More information1.7 Department of Treasury and Finance. 5.1 This instruction applies to all public authorities unless otherwise stated.
TREASURER S INSTRUCTION 5 DEBT RECOVERY AND WRITE OFFS Reissued: 21 January 2015 Effective: 21 January 2015 Scope 5.1 This instruction applies to all public authorities unless otherwise stated. 5.2 The
More informationDRAKENSTEIN MUNICIPALITY
DAKENSTEIN MUNICIPALITY POLICY ON THE WITING-OFF OF IECOVEABLE DEBT February 2013 Approved by Council: 27 February 2013 Date of implementation: 1 March 2013 1 TABLE OF CONTENTS Page 1. INTODUCTION... 2
More informationHow To Write Off Debt In Overberg District Municipality
OVERBERG DISTRICT MUNICIPALITY BAD DEBT WRITE-OFF POLICY Page 1 of 7 TABLE OF CONTENTS 1 DEFINITIONS 3 2 PURPOSE OF POLICY 3 3 STEPS TO BE TAKEN BEFORE WRITING OFF DEBTS 3 3.1 CREDIT CONTROL AND DEBT COLLECTION
More informationNORTH EAST DERBYSHIRE DISTRICT COUNCIL AUDIT AND CORPORATE GOVERNANCE SCRUTINY COMMITTEE 4 APRIL 2013
6 NORTH EAST DERBYSHIRE DISTRICT COUNCIL AUDIT AND CORPORATE GOVERNANCE SCRUTINY COMMITTEE 4 APRIL 2013 REPORT NO: DCR/07/13/BM OF THE DIRECTOR OF CORPORATE RESOURCES 6(e) CORPORATE DEBT RECOVERY UPDATE
More informationNEW CHARTER HOUSING TRUST GROUP CORPORATE DEBT POLICY AND CODE OF CONDUCT OCTOBER 2011
NEW CHARTER HOUSING TRUST GROUP CORPORATE DEBT POLICY AND CODE OF CONDUCT OCTOBER 2011 Section 1 Corporate Debt Recovery Statement Section 2 Code of Practice for Collecting Debts Section 3 Guide to Repayment
More informationCORPORATE DEBT POLICY
CORPORATE DEBT POLICY Reference: HSL/CDP/JE/06 Approved: 28/03/07 Revised: 1 Statement of Intent 1.1 The intention of the corporate debt policy is to set a clear over-arching statement on how the Housing
More informationMERTHYR TYDFIL COUNTY BOROUGH COUNCIL
MERTHYR TYDFIL COUNTY BOROUGH COUNCIL DATE WRITTEN 14 th October 2005 REPORT AUTHOR Mark Horrigan COMMITTEE DIVISION Strategic COMMITTEE Cabinet COMMITTEE DATE 16 th November 2005 TO: Chairman, Ladies
More informationBRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES
BRACKNELL FOREST COUNCIL ADULT SOCIAL CARE & HEALTH DEBT RECOVERY POLICY & PROCEDURES POLICY DOCUMENT Table of Contents 1. Definitions and Abbreviations... 3 2. Legal Status... 4 3. Principles for Debt
More informationSTATES OF JERSEY. DRAFT INCOME TAX (AMENDMENT No. 33) (JERSEY) LAW 200- STATES GREFFE
STATES OF JERSEY r DRAFT INCOME TAX (AMENDMENT No. 33) (JERSEY) LAW 200- Lodged au Greffe on 2nd June 2009 by the Minister for Treasury and Resources STATES GREFFE 2009 Price code: B P.82 DRAFT INCOME
More informationTackling Bad Debt in the Water Industry
Tackling Bad Debt in the Water Industry A Defra consultation paper Consumer Council for Water Response April 2012 1. Introduction 1.1 The Consumer Council for Water (CCWater) is the statutory consumer
More informationLocal Taxation Debt Recovery Policy
Local Taxation Debt Recovery Policy 1.0 Introduction Runnymede Borough Council has a statutory duty to bill and collect Council Tax and Non- Domestic Rates (commonly known as Business Rates). Whilst the
More informationIf instalments are not paid as they are due a reminder will be sent requiring payments to be brought up to date within 7 days.
APPENDIX 1 DEBT RECOVERY POLICY This debt recovery policy of South Lakeland District Council aims to maximise income from all revenue generating sources whilst incorporating a sympathetic approach to the
More informationThe Trust. Compensation Policy. Customer Experience Team. Draft: Final Version. Effective Date: May 2014. Affected Teams: All
The Trust Compensation Policy Customer Experience Team Draft: Final Version Effective Date: May 2014 Affected Teams: All Compensation Policy May 2014 Page 1 of 8 CONTENTS 1. INTRODUCTION... 3 2. POLICY
More informationLambeth Corporate Income and Debt Recovery Policy
Lambeth Corporate Income and Debt Recovery Policy This policy sets out the council s high level approach to: setting fees and charges income collection debt management payment services. The policy has
More informationUPDATED DRAFT DEBT AND CREDIT CONTROL POLICY
UPDATED DRAFT NALEDI LOCAL MUNICIPALITY Council resolves to adopt the following proposal as the Debt and Credit Control Policy of the Naledi Local Municipality Policy effective date: [30 May 2012] Approved
More informationCORPORATE FAIR DEBT POLICY
CORPORATE FAIR DEBT POLICY Introduction The purpose of the is to establish guidelines for the recovery of all debts outstanding to the Authority, also to specify the manner in which these debts are to
More informationTo seek the approval and formal adoption of the Oxford City Council Corporate Debt Management Policy.
To: City Executive Board Date: 12th June 2013 Report of: Title of Report: Head of Finance CORPORATE DEBT MANAGEMENT POLICY Summary and Recommendations Purpose of report: Key Decision: To seek the approval
More information1. Definitions. 2. Purpose and Scope of the Policy. 3. Transparency and accountability. 4. Procedures for writing off debt
DEBT WRITE-OFF POLICY 1. Definitions 2. Purpose and Scope of the Policy 3. Transparency and accountability 4. Procedures for writing off debt 5. Factors which the Council may take into account in writing
More informationH 7. Factoring Policy. If you require this policy in a different format please ask a member of staff. Date of Approval Oct 12 Review Due Dec 15
H 7 Factoring Policy If you require this policy in a different format please ask a member of staff Date of Approval Oct 12 Review Due Dec 15 1.0 The Association s Objective 1.1 Elderpark Housing Association
More informationMAMUSA LOCAL MUNICIPALITY. Debt Write-Off Policy
MAMUSA LOCAL MUNICIPALITY Debt Write-Off Policy 1 Table of Contents PAGES 1. INTRODUCTION 3 2. PURPOSE AND SCOPE OF THE POLICY 3 3. DEFINITIONS 3 4. TRANSPARENCY AND ACCOUNTABILITY 4 5. PROCEDURES FOR
More informationHow to Rent a Property with CLP...
How to Rent a Property with CLP... Register your details with Claire Lloyd Properties by phoning 01296 431555 or emailing: aylesbury@clairelloydproperties.co.uk Meet our professional inventory clerk for
More informationLambeth Corporate Income and Debt Recovery Policy
Lambeth Corporate Income and Debt Recovery Policy This policy sets out the council s high level approach to: setting fees and charges income collection debt management payment services. The policy has
More information